Verizon Acquires Yahoo, Tata- DoCoMo Legal Battle, GST path cleared- Weekly Digest #7

Monday- 25th July 2016 Yahoo! has entered into a deal with Verizon to sell its web business for a consideration of $4.8 billion. The consideration will ¬†constitute an all-cash based transaction. Yahoo will be integrated¬†with Verizon's AOL. Telecom Commission fixed the weighted average spectrum usage charges (SUC) at a minimum of 3% of the revenue. …